OpenAI, which could end 2024 with losses of 5 billion dollars, emphasizes that its latest round of financing will allow it to redouble its research in AI and also boost its computing power , which is one of the areas that consumes the most financial resources in the construction and operation of AI models .
The startup has preferred, on the phone number database india other hand, not to comment on a possible corporate restructuring that could end its status as a non-profit organization and turn it into an entity focused on generating profits.
While OpenAI is governed by a nonprofit board of directors, it has a for-profit subsidiary with Microsoft as the primary investor arm and a cap on dividends earned by both investors and employees.
Sam Altman, CEO of OpenAI, is expected to own a stake in the company following its restructuring into a profit-oriented entity.
The upcoming restructuring of OpenAI is a cause for controversy , and William Saunders, a former employee of the company, warned last week that this could ultimately lead to a reduction in security spending by the company led by Sam Altman.
Stepping up AI research and expanding computing power: OpenAI's two main goals
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